8, BANKY MEADOW, MAIDSTONE, ME16 9JX - £750,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 BANKY MEADOW is a large extended detached house of 134m², built sometime between 1950 and 1966. It was last sold for £750,000 in May 2022, which was around 25% above the average May 2022 detached price in the Maidstone local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

8 BANKY MEADOW Sold Prices

Land registry data shows three sales for 8 BANKY MEADOW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Maidstone local authority area for the corresponding sale date. All of the three 8 BANKY MEADOW sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 31 MAY	£750,000	£599,396	25% above HPI
2000 13 JUN	£265,000	£197,309	34% above HPI
1996 30 MAY	£147,000	£116,383	26% above HPI

8 BANKY MEADOW Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maidstone local authority area over time, sourced from the HPI. The three 8 BANKY MEADOW sales between May 1996 and May 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2000 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the May 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8 BANKY MEADOW be worth now?

8 BANKY MEADOW might now be worth an estimated £774,878.

This is based on house price inflation of 3.3%, between May 2022 and December 2024, for detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.3% inflationary increase is applied to the most recent sale price for 8 BANKY MEADOW of £750,000 on 31st May 2022. For the value to have increased from £750,000 to £774,878 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 8 BANKY MEADOW has moved in line with the HPI for detached houses in the Maidstone local authority area.
• The May 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BANKY MEADOW has not materially changed since May 2022.

How Large is 8 BANKY MEADOW?

8 BANKY MEADOW is 134m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of detached houses houses in Maidstone, based on EPC data. The below chart shows the distribution of detached houses houses by size in Maidstone, and where 8 BANKY MEADOW lies on this distribution: 67% of detached houses houses are smaller than 8 BANKY MEADOW, and 32% of houses are larger. Note that EPC data is not available for all properties in Maidstone.

8 BANKY MEADOW: Plot and Title Map

8 BANKY MEADOW sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 8 BANKY MEADOW, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 BANKY MEADOW). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 BANKY MEADOW?

8 BANKY MEADOW is located in MAIDSTONE, in the ME16 postcode district. The below map shows the position of No. 8 on BANKY MEADOW.